Pizza Hut | 25 New Clyde Hwy
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Pizza Hut 25 New Clyde Hwy
3,596 SF Retail Building Canton, NC 28716 $1,150,080 CAD ($320 CAD/SF) 6% Cap Rate
Investment Highlights
- New 17-Year Lease | Tasty Hut, LLC - Strong Operator | Annual Rental Increases | Options to Extend
- Located Along New Clyde Hwy (17,700 VPD) | Canton Middle School (499 students) | Strong National/Credit Tenant Presence
- Absolute NNN | Zero Landlord Responsibilities | Fee-Simple Ownership
- Demographics 5-Mile Trade Area | Direct Consumer Base
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,596 SF
Building Class
B
Year Built
2009
Price
$1,150,080 CAD
Price Per SF
$320 CAD
Cap Rate
6%
NOI
$69,005 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.57 AC
Zoning
General Commercial
Parking
47 Spaces (13.07 Spaces per 1,000 SF Leased)
Frontage
259 ft on New Clyde Highway
Amenities
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 8657-30-3859 | Improvements Assessment | $937,793 CAD |
Land Assessment | $293,780 CAD | Total Assessment | $1,231,573 CAD |
PROPERTY TAXES
Parcel Number
8657-30-3859
Land Assessment
$293,780 CAD
Improvements Assessment
$937,793 CAD
Total Assessment
$1,231,573 CAD
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Pizza Hut | 25 New Clyde Hwy
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